News

Lafourche shrimper pleads guilty to bribing an IRS agent

Source: houmatoday.com - Jan 7, 2012

A commercial shrimper from Cut Off pleaded guilty in federal court Thursday to offering an agent with the Internal Revenue Service $6,000 in cash and shrimp in exchange for faking tax documents.... Read more >

Category: General Business

Georgia Qualified Education Expense Credit

Source: etax.dor.ga.gov - Jan 5, 2012

To our Georgia clients: Georgia Dept of Revenue sent out a notice regarding their school credit. The highlights are below; to read the actual law click on the "source" link (above), or use the... Read more >

Category: Other States

Seven Tips for Choosing a Tax Preparer

Source: dailyfinance.com - Jan 4, 2012

By Kelly Phillips Erb As tax laws become increasingly complicated, more taxpayers rely on tax professionals and tax software to help prepare their returns. In her most recent report to Congress,... Read more >

Category: IRS

Tips for Choosing a Tax Preparer

Source: irs.gov - Jan 4, 2012

If you pay someone to prepare your tax return, the IRS urges you to choose that preparer wisely. Taxpayers are legally responsible for what’s on their tax return even if it is prepared by someone... Read more >

Category: IRS

Straight from IRS Site --Six Year-End Tips to Reduce 2011 Taxes

Source: irs.gov - Dec 28, 2011

Here are six tax-saving tips for you to consider before the calendar turns to 2012: Make Charitable Contributions – If you itemize deductions, your donations must be made to qualified... Read more >

Category: IRS

Not News--just want to highlight these links for visitors

Source: larrysincometax.com - Dec 27, 2011

Cut and paste these links to your address bar: Use this link to compare retirement plans a quick glance: http://www.retirementplans.irs.gov/plan-comparison-table/ Use this link to read about... Read more >

Category: IRS

Why I hate income tax refunds. That big, fat tax refund really means you've given the government an interest-free loan. It's far better to keep the money you earned in the first place.

Source: money.msn.com - Dec 27, 2011

Refunds: They're wrong! It's hard to get that through to my clients. But refunds are bad. Sure, it's exciting to get a check from the Internal Revenue Service. Well, actually, it's from the... Read more >

Category: IRS

Plan Now to Get Full Benefit of Saver’s Credit; Tax Credit Helps Low- and Moderate-Income Workers Save for Retirement

Source: irs.gov - Dec 27, 2011

IR-2011-121, Dec. 16, 2011 WASHINGTON — Low- and moderate-income workers can take steps now to save for retirement and earn a special tax credit in 2011 and the years ahead, according to the... Read more >

Category: IRS

Payroll Tax Cut Temporarily Extended into 2012

Source: irs.gov - Dec 27, 2011

IR-2011-124, Dec. 23, 2011 WASHINGTON — Nearly 160 million workers will benefit from the extension of the reduced payroll tax rate that has been in effect for 2011. The Temporary Payroll Tax Cut... Read more >

Category: IRS

Louisiana jobless rate falls to 6.9%

Source: wwl.com - Dec 21, 2011

Louisiana's unemployment rate dropped to 6.9 percent in November. The state Workforce Commission says that's down from 7 percent in October and 7.7 percent in November 2010. The figures are... Read more >

Category: Louisiana

Louisiana tax refunds will soon be coming on new debit cards

Source: wwl.com - Dec 21, 2011

Starting in the new year, Louisiana taxpayers can start receiving their state tax refunds on a debit card. State Revenue Secretary Cynthia Bridges says unless you have automatic deposit or... Read more >

Category: Louisiana

Louisiana taxpayers owed $1.3M in undelivered tax refunds

Source: lsureveille.com - Dec 21, 2011

(AP) — Louisiana taxpayers are owed $1.3 million in undelivered tax refunds. The Internal Revenue Service is looking to return the money to the nearly 1,400 Louisiana taxpayers who are due... Read more >

Category: Louisiana

Voters agree to ban real estate transfer taxes

Source: fox8live.com - Dec 21, 2011

BATON ROUGE, La. (AP) - The state and municipalities will be unable to impose a tax on the sale or transfer of homes and property. Voters in Saturday's election overwhelmingly backed a... Read more >

Category: Louisiana

New Orleans property tax bills expected to drop slightly next year

Source: nola.com - Dec 21, 2011

New Orleans property owners whose homes were not reassessed this year can expect a small decrease in the property tax bills that will arrive in January, although the exact size of the cut is still... Read more >

Category: Louisiana

Year-end tax planning

Source: budgeting-investing.ameriprise.com - Dec 15, 2011

By Ameriprise Financial Although tax planning is a year-round process, the last few months of the tax year present a unique opportunity to estimate your tax situation while you still have time to... Read more >

Category: IRS